UK-India Business Activity Surges by 121%
Business activity between the United Kingdom and India has experienced remarkable growth over the past nine months, signaling strengthened economic ties. Payments from UK clients to India have risen by 32%, reflecting increased engagement in sectors such as technology, outsourcing, and services. Notably, payments flowing from India to the UK surged by an impressive 121%, showcasing India's expanding investments and collaborations in the British market.
This surge comes as the two nations prepare to restart trade negotiations in January, aiming to finalize a comprehensive Free Trade Agreement (FTA). The proposed FTA seeks to remove trade barriers, enhance bilateral investments, and unlock significant economic opportunities for both countries.